A town has a population of 45000. This population increases exponentially at a rate of $$\(1.6 \%\)$$ per year. Find the population of the town at the end of 5 years. Give your answer correct to the nearest hundred.
Exam No：0580_w20_qp_21 Year：2020 Question No：10
Answer:
\(48700 \mathrm{cao}\)
Knowledge points:
E1.17 Use exponential growth and decay in relation to population and finance. (e.g. depreciation, growth of bacteria.)
Solution:
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